This is my it's awesome to have some of you guys here. I Hope you have all said hello to the person next to you and you're getting a chance to meet some other traders people. We're really passion about the same thing you're interested in because I know what I was finding other people who are also interested in this. it's kind of a niche still said coffee shop.

You're probably not going to find a lot of people who or they'll say something like Oh day trading is gambler. Do you even make money with it If the reality is I People come in the market. a lot of people lose money and we know that to be true and so as someone just aspire would be a successful day trader, you have to come into it knowing that you're going to do something differently from what the majority of people do. So what are the majority of people do when they come in the market and come in, put real money in right away.

they lose money, they learn and so for creating these simulators the way to start, prove that you have what it takes to be profitable and then flip the switch and trade black. So this a platform here. same software that we use First Simulator for all you guys. many of you are actively using interest rate show fans of who's using the simulator.

All right somewhere. That's impossible. The account that I started last Tuesday was big one training. with five hundred and twenty dollars open up the account I was up to one thousand, three hundred dollars and 48 cents today.

So the three stocks that we're focusing on today or the three that I've created LM TX DPW and my SC you know the best with Allen Px I have a little foam on LMP X Because obviously this one ended up making a pretty crazy move over the last five days. You know when we were watching it last week I was saying to myself, you know this one I Feel like it's got the potential to make a big move, but you know, as is typical, I didn't have the courage to you know, take a position on it and hold it for this move. We were trading it down below six dollars last week and yesterday it hit a high of 16. This morning it hit a high of 17 dollars and 80 cents which is awesome.

So let's break down. LMP X First, this is the first one that was on. it's it's not. It wasn't on the Gap scanner, it wasn't at the top of the Gap scanner this morning.

our Gap scanner and for those that are gonna watch this recap here, actually, this was all probably reversed. so whatever. old asleep out there. But in any case, the Gap scanner this morning CEI Leading Gapper up 46% Pre-market currently has 26 million shares of volume and is up over 100% and yet I didn't end up trading it.

We'll talk about why in a second. but L&P X was on the skin and that was the one that I was really interested in. You know I've traded it now on three days and made money on it I didn't trade it yesterday because I was traveling but I saw that it probably would have worked if I had so right out of the gates. The level that I was watching pre-market was this pre market resistance level of 1650.

So I'm gonna break this down here and we'll kind of look at this in a little bit of detail. All right. So what we have on this stock is free market resistance right around $16 that's worth $16 So yesterday's high came up just shy of 16 and then the pullback here pre market, so 16 very clearly was the breakout spot. The bell rings and it pops up for a second.

it drops down as it curls back up right here. That's right. punch the Bible now in order to press the Buy button. I Typed in my shares for 200 shares and we clicked it.

Boom and a minute it pops up to a high of 15 which is nice. I'm sorry a 17 which is nice. It then drops down and then comes back up through 17 and it's a high of 1750. So right there.

actually took to trace my first traders from 1650 up to 17 and then I got and I sold I took my problem and then I got back in a 17 and I sold on the move here up to 1750 on my very first trade I can my loss and as I'm looking at where that was on a chart I actually think it might been in this first where I got back in. but in any case, I've had my first trade where I got in I got back out lost nine dollars but you know a decent will tray all right. So now let's look at DPW So DPW this one, look at this. my goodness.

so now it's squeezed back up to a dollar 70 I Got in on this first move where it squeezed up to a dollar 37. My entry as you guys will recall was a dollar and thirty five cents I bought I think those three hundred shares and then I stopped out at a dollar and fifteen cents as it broke down right here. So I got in and then I got back out. it failed and I figured it was done for the day and so see it.

Ripping here back up to a dollar 70 is, you know, a little bit of a slap in the face, you know, Frustrating. but it's the way it goes. It was the biggest loss of the day and with that small share size of shares, to lose a full 20 cents is definitely disappointing. but you know I it is what it is.

So stopped out of that one by pressing ctrl Z and hitting the bid. my is Z This one was actually on our Gap scanner this morning. It was like the third or fourth leading gapper and I was interested in it. but I didn't like how pre-market it dropped down a bit.

It popped up here to a high of 407 and then flushed down and then this red to green move is where I got in. it squeezed up as you can see up to 430 but then didn't hold that level. My entry was right around 396 anticipating the break over four and I did that because this popped up right here and then did this little micro pullback. so the entry was actually right around 390 three then popped up to 4:18 it dropped down and then it got back in right here for the break over 4:15 I got it in, actually filled it for 17.

it pops up to 4:30 I tried to sell half to take a little profit. my order didn't get filled and then I sold the rest as it came back down actually losing $3 on that last trade. So I lost 60 on DPW made 57 on my SZ So basically would have done better today if I hadn't trade either of those stocks. but that's fine.

You know, walking away with two hundred dollars before commissions is still a good day and you know one of the goals that I had. and for today I wanted to be really mindful about the fact that this you know this is my traveling trading station with the laptop and the two monitors and you know this is not typically how I trade every single day I don't usually have you know this huge monitor I don't usually have all of you guys sitting in my living room at home so I knew that I was a little outside of my comfort zone and because of that I should be a little bit more mindful. Really big position. It's never a good time to blow up a small account.

It's really not a good time to do it when you've got a live audience. The share size today and so I was a little bit more conservative and the profits reflect that. but the loss also reflects that if I had had a red day, it would have been into the world anymore. I made a stinky notice myself on Monday I said Ross here's a small account.

sorry out over a hundred percent in four days now it was kind of time to pull back. just that's awesome. We've got a couple of really good days. Maybe took a little more risk for might have liked to have, especially on day four, but you know what? I'm in good shape now.

let's go. so let's kind of set the pace and just kind of, you know, be slow and steady, not take unnecessary risk. So one of the things I've done in the past the growing small counts as I start to get this internal competition to beat my last small count challenge. So for $5.00 so friends, great on they did it in 45 days right now I am tracking to do better than that and I have to try to correct myself that that's not the goal of this challenge.

that is not helpful for you guys for me to just try to swing for the fences and you know, grow this to a hundred grand in ten days. Now we've quietly taking risk that's not at the same level as what I would do if this was my only this income to pay my bills which was the situation when I am sorry. So I'm trying to replicate the kind of scenario and the mindset of how it was when I was getting started as much as possible and not eustatic, started measuring and so for that reason I'm not going to try to go to council kind of grand because then I'm just setting the exact same finish line. There's no way not to compare it.

I'm gonna try for the account maybe 10,000 15,000 maybe a little higher if I have a you know, a good day when I'm up at 12 and I made five or six grand, that's fine and then I'm gonna drop it back down and do another small competition. So I'm just gonna kind of keep repeating it sometimes I might go down 500 other small count challenges I might just go down to two thousand or something like that. but just to keep myself in this sort of small comma and set because I'm finding that this is sort of where the education the educational content for you guys is kind of like at its peak because this is most relevant to where a lot of guys are trading. Granted, many of you will probably not have accounts as small as five hundred and twenty dollars.

they're probably more relevant would be somewhere between three and five thousand. It's that's kind of I Think where this is really give you guys some good content. In contrast, trading with a six-figure account is not going to be as relatable and that's that's just so. that's it for today.

A nice screening day here for day one at the Inner Circle. since we've been hosting these inner circles I think I've been green every single event and every single day Got some momentum today because any day you know where we're having a seminar like this and we sit down and there's nothing on the gas skander and then there's nothing moving. Makes it really hard because fortunately we got some great trades for me and I almost switch gears and let might do is recap and then we'll let Steve also do his recap so you guys can get a sense of what they traded with them. That's awesome, You did it.

That's okay too. You could learn a little bit about their strategy so they're going to talk about it. They're not going a lot of screen share, but those you guys working in the large-cap chat room or the futures room, you can see their screen share. Alright, so we'll switch gears with that.

about 25 minutes or so. It's the Bellringer tilt to lunch which is the lunch Bell most important today. And maybe let me real quick before we description to you guys. this afternoon we're gonna do two breakout sessions.

So small cap traders will sit together and talk about small cap stuff. Large caps will go to large caps by showing hands who is planning on being in the futures circle. So future Circle by Chopin's I Just want to make sure I know how many we got. Okay, anyone else anyone else Okay, Large Cap large caps.

Okay, now one. We've got to take some numbers here. so I'll let our staff just grab the numbers we're just making sure we got. We put you guys in a good space so we've got the right numbers.

Okay, Small caps. Okay, All right. Most almost ever. Okay, Okay, so okay.

so small caps will stay in this room, large caps will go into the conference room upstairs and and the futures will be in the hot tub. So you guys are going to be good. Stick. Okay, all right.

so I'm gonna let my take over and those of you guys on YouTube I Will see you guys first thing tomorrow.